Pipstone Capital
2.1
(342)
2.1
(342)
2-Step $5K
$5K account 2 Steps
The challenge
Account size$5K
Evaluation2 Steps
Profit split80%
Activation feeNone
| Phase | Profit target | Max daily loss | Max drawdown |
|---|---|---|---|
| Phase 1 | 8% | $400 | 5% | $250 | 10% | $500 (Static) |
| Phase 2 | 5% | 5% | $250 | 10% | $500 (Static) |
Payout rules
FrequencyVaries by model: Bi-weekly (1-Step), Weekly (2-Step), On Demand (Instant Funding)
Profit split80% (per challenge FAQ); pricing page advertises up to 100%
On demandYes
ConsistencyNone (no consistency rule advertised)
Fee refunded on 1st payoutYes
Payout methods
Crypto
Evaluation fee is non-refundable unless you pass and get funded, in which case the entire fee is refunded with your first payout (once, on the compliant account used to request the first payout, with no violations or adjustments). Instant Funding requires 7 profitable days (>=0.5% daily growth) within a rolling 30-day window before qualifying, checked daily at 20:55 UTC.
Trading rules
News trading
Weekend holding
Overnight holding
Max leverage1:50 (Instant and 1-Step), 1:100 (2-Step)
Challenge time limitNone (no time limit on any evaluation)
TrustPilot reviews repeatedly reference a 60-second minimum-trade-duration rule that can trigger payout deductions if two trades are closed under 60 seconds; this rule is not published in the scraped help-center articles, so it is left out of the structured booleans.